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    topcat1953's Avatar
    topcat1953 Posts: 2, Reputation: 1
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    #1

    Aug 6, 2011, 02:13 PM
    Recovering wire funds from anothers account that's frozen
    I was recently involved in a scam involving an eBay auction. I sent the funds via a wire transfer to a person's bank account in US. The next day I was notified that the funds were not received. I called the bank to which the person had the account that I sent the funds to. Was told they would look into it and call me back. Well a couple of hours later,I was contacted by police,due to my contacting the bank,this person had been arrested due to me notifying the bank earlier. I am on the police report as a victim. The bank account that this person was receiving the wire funds has been frozen a few days earlier due to a fraudulent check.
    I would like to know if I have any hope of recovering the funds? I have had my bank send 2 wire recalls but no refund as of yet. The bank that the funds was sent to will not speak to me.
    If the bank does have sufficient funds to cover my wired funds,will they return them? I have spoke with legal council,but was advised it would be quite costly.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 6, 2011, 02:26 PM

    Did you not use paypal ? But an actual wire transfer
    topcat1953's Avatar
    topcat1953 Posts: 2, Reputation: 1
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    #3

    Aug 6, 2011, 02:49 PM
    I used a actual wire transfer.
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #4

    Aug 6, 2011, 04:45 PM
    Your hope of recovery is based on what the bank was able to freeze (which they won't disclose, even your amount, until the investigation is complete) and what the police might find in the possession of the person they arrested. This will take time. You were very fortunate that the police did contact you. Most wire transfer scams are emptied out immediately. I don't see why you need a lawyer. Ask for a police report form if you haven't filed something already.

    Ebay sellers in the US are required to use Paypal or an ONLINE method of payment acceptable by eBay and which would have given you buyer protection.

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